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作者：Knott, Anne Marie; Posen, Hart E.
作者单位：Washington University (WUSTL); University of Michigan System; University of Michigan
摘要：One of the key mechanisms of firms' strategic renewal is R&D, and a key driver of the intensity of R&D is industry context. A number of theories develop propositions linking industry factors to firm R&D behavior, but these theories lack consensus. To date, empirical tests have been unable to resolve the competing predictions because of lack of time-varying measures of technology. We create new measures for technology and then conduct a test of the competing theories. Our results indicate that ...
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作者：Puranam, Phanish; Singh, Harbir; Chaudhuri, Saikat
作者单位：University of London; London Business School; University of Pennsylvania
摘要：Acquirers who buy small technology-based firms for their technological capabilities often discover that postmerger integration can destroy the very innovative capabilities that made the acquired organization attractive in the first place. Viewing structural integration as a mechanism to achieve coordination between acquirer and target organizations helps explain why structural integration may be necessary in technology acquisitions despite the costs of disruption this imposes, as well as the c...
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作者：Salvato, Carlo
作者单位：Bocconi University
摘要：In contrast to the prevailing interpretation of capabilities as collectives, this inductive study of product development in a leading design firm highlights the centrality of the myriad ordinary activities that may shape the evolution of capabilities. A detailed comparison of 90 diverse product development processes over a 15-year period shows, first, that mindful microactivities carried out by individuals in and around the organization and at all levels of the organizational hierarchy are cen...
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作者：Kim, Hann Earl; Pennings, Johannes M.
作者单位：KDI School of Public Policy & Management; University of Pennsylvania; Tilburg University
摘要：This paper presents a study of successive new product introductions in the mature tennis racket industry. The inquiry examines novel design's important role in strategic renewal, under the assumption that innovation includes not only the development, production, and launch of new products, but also communication between firms and market. We explore this industry's transformation through the strategic actions of innovative firms and subsequent competitive contagion. A tennis racket innovation t...
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作者：Benson, David; Ziedonis, Rosemarie H.
作者单位：Brigham Young University; University of Michigan System; University of Michigan
摘要：Gaining a window on new technologies is a prominent motive for corporate venture capital (CVC) investing. Recent studies suggest that information gained through CVC-related activities can improve the internal R&D productivity of established firms. This study investigates an alternative means by which information gained through CVC investing could improve firm performance-by increasing the returns to corporate investors when acquiring startups. We provide new insights based on an event study of...
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作者：Capron, Laurence; Mitchell, Will
作者单位：INSEAD Business School; Duke University
摘要：The dynamic capabilities literature suggests that firms need to use both internal development and external sourcing to thrive over time, but we have a limited understanding of the conditions that best suit different sourcing choices. This study examines how constraints that arise from firms' existing stocks of capabilities and from their internal social contexts shape their choices of capability-sourcing modes and, in turn, their ability to obtain new capabilities. Thus, the research focuses o...
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作者：Eggers, J. P.; Kaplan, Sarah
作者单位：New York University; University of Pennsylvania
摘要：We investigate the conditions under which managerial cognition affects the timing of incumbent entry into a radical new technological market. We address this question using a longitudinal study of communications technology firms entering the fiber-optics product market. Using a hazard rate model, we investigate the relevance of cognition based on the direction of CEO attention. We find that attention toward the emerging technology and the affected industry is associated with faster entry, and ...
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作者：Agarwal, Rajshree; Helfat, Constance E.
作者单位：University of Illinois System; University of Illinois Urbana-Champaign; Dartmouth College
摘要：Strategic renewal, although critical for the sustained success of organizations, has received relatively little attention as distinct from the more general phenomenon of strategic change. Like all strategic issues, strategic renewal presents both opportunities and challenges for organizations. In this article, we first define the term strategic renewal and elaborate on important characteristics of this phenomenon. We also bring to bear evidence that suggests that strategic renewal has a critic...
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作者：Augier, Mie; Teece, David J.
作者单位：Stanford University; University of California System; University of California Berkeley
摘要：This paper discusses some developments in the theory of the organizational capabilities of the business enterprise. Antecedents are recognized, and some promising new developments and areas for future research are identified. The role of managers in the economic system is highlighted and discussed within the context of economic and organizational research. Suggestions for future developments of dynamic capability research involve employment of evolutionary and behavioral theories.
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作者：Gulati, Ranjay; Puranam, Phanish
作者单位：Harvard University; University of London; London Business School
摘要：We develop a theoretical perspective on how inconsistencies between formal and informal organization arising from reorganization can help create ambidextrous organizations. We argue that under some conditions, the informal organization can compensate for the formal organization by motivating a distinct but valuable form of employee behavior that the formal organization does not emphasize, and vice versa-an effect we label compensatory fit. We illustrate the concept of compensatory fit by drawi...
